Brazil’s natural gas transportation tariff review has entered a critical phase, with discussions around the valuation of the Regulatory Asset Base and the potential impact on pipeline remuneration. Market Impact The review may affect: transportation costs for gas...
NEWSLETTERS
Búzios acceleration and the next offshore contracting cycle
Petrobras is expected to accelerate production from the P-79 platform in the Búzios field, reinforcing the strategic importance of one of Brazil’s most relevant pre-salt assets. The unit is part of the continued expansion of Búzios, a major deepwater production hub in...
Energy transition and diversification trends
Global energy markets continue to diversify, with increasing integration of alternative fuels and distributed energy solutions. Market impact In Brazil, this trend is reflected in projects such as the use of biomethane for power generation, which: expands the role of...
ANP launches new production sharing bid round
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has published a new production sharing bid round, offering 23 exploration blocks. Market impact The new round reinforces Brazil’s position as a key destination for upstream investment and is...
Offshore wind regulation advances in Brazil
The National Council for Energy Policy (CNPE) has approved new guidelines for offshore wind development, signaling progress toward a formal regulatory framework. Market impact The decision marks a key step toward launching offshore wind projects, which are expected...
Decommissioning acceleration and the repricing of offshore risk
Petrobras is evaluating the early retirement of mature offshore platforms, including the potential shutdown of units such as FPSO Cidade de Santos ahead of schedule, as part of its upcoming business plan. Market impact The initiative reflects a broader shift in asset...
Senate debates modernization of Business Law in Civil Code reform: private autonomy and contractual freedom in focus
The Senate's Temporary Committee on the Civil Code (CTCivil) held a public hearing on April 15, 2026 to debate the impacts of PL 4/2025 — a bill reforming Brazil's 2002 Civil Code — on Business Law and Property Law, gathering lawyers, professors, and sector...
STJ rules: Insurer’s express coverage declaration is binding even before formal policy issuance
The Superior Court of Justice (STJ), in Jurisprudence Newsletter No. 884 (Third Panel, April 2026, REsp 2,189,140-SP, Rapporteur Justice Moura Ribeiro), ruled that an insurer's express declaration acknowledging coverage is legally binding even before the formal...
STJ rules: Cryptocurrency exchanges are service providers subject to strict liability under the Consumer Defense Code
The Superior Court of Justice (STJ), in Jurisprudence Newsletter No. 884 (Third Panel, April 2026), ruled that Virtual Asset Service Providers (SPSAVs) authorized by the Central Bank are subject to the Consumer Defense Code (CDC) and bear strict (objective) liability...








